Reward Checking Accounts (High Yield and Available to All)

WhiteXFlamez said:   jatan1986 said:   msvista said:   I got the card , however I lost the number to call to activate the card. Can someone post the number for Card Activation.For Consumers CU debit card its 866-985-2273 (says call from home phone)

Any of you guys been able to change your PIN at an ATM or over the phone?

I still never got my PIN# from the mail yet. Do you know how long it usually takes after the debit card comes in the mail?I believe I got mine 2-3 days after the debit card

Are you referring to the West Bank of Iowa?

ThreeDJMay said:   uutxs said:   Westbank Reward Me Checking Account:
Beginning November 25, 2011, when you qualify the interest rate paid for your Reward Me Checking account will be 2.0% APY* on balances up to $30,000 and 0.25% APY* on balances exceeding $30,000.

Now I'll need to find some other place to put my money!

Fairly narrow option, but thought I'd mention it.

info posted here prior (still valid): Farmers Citizens Bank in Ohio has a Kasasa Cash RCA that offers 3.01% APY for balances up to $25k. I don't know what states are valid for this RCA.

Requirements:
12 swipe transactions
1 Direct Deposit OR 1 ach pull debit billpay.

Newly posted here info: If you have the Kasasa Cash RCA and meet the requirements every month they have an free add on savings account that gives you 1.76% APY for balances up to $100k (FDIC insured)

You can certainly do better than 1.76% for an additional RCA, but I thought I'd mention this here in case there are some that looking to sock away some bigger funds and are already at their personal RCA effort limit.

dpauley55 said:   Farmers Citizens is changing to 2.21% as of November 25, 2011 on 1st 25k, so I would look elsewhere. Don't know if they just are late in updating the web page, but I would call first to confirm you're not wasting your time...

Son-of-a-gun, you're right. The website is now updated. I just opened the savings account last week after having the RCA for the last 9 months. Looks like I'll be closing down the whole thing for greener pastures.

Thank you for posting this.

BradisBrad said:   jeannasalvatorre said:   Online banks have one advantage over brick-and-mortar banks, they do not have building costs that they need to cover. This results in saving for you, as they can offer higher interest rates and lower fees. Another benefit of having a free, online checking account is that they embrace technology, they almost always have an app for your phone where you can deposit money by taking a picture of a check, transfer between your checking and saving accounts and get alerts when you are almost out of money.

I agree with your rationale but I'm confused where this is coming from?

And when are you just going to come out and plug whatever it is you're going to, shill?

Southern Bank in Missouri dropped it's rates from 5.01% to 4.01%.

fleetwoodmac said:   curtisekarr said:   Southern Bank in Missouri dropped it's rates from 5.01% to 4.01%.

4.01% valid upto $15K

that is good
That was the last 5% APY RCA. A moment of silence is in order.

elist said:   Fairly narrow option, but thought I'd mention it.

info posted here prior (still valid): Farmers Citizens Bank in Ohio has a Kasasa Cash RCA that offers 3.01% APY for balances up to $25k. I don't know what states are valid for this RCA.

Requirements:
12 swipe transactions
1 Direct Deposit OR 1 ach pull debit billpay.


Newly posted here info: If you have the Kasasa Cash RCA and meet the requirements every month they have an free add on savings account that gives you 1.76% APY for balances up to $100k (FDIC insured)

You can certainly do better than 1.76% for an additional RCA, but I thought I'd mention this here in case there are some that looking to sock away some bigger funds and are already at their personal RCA effort limit.

is there a hard pull?

adria said:   They changed rate to 2.22% according to the website.

What bank are you talking about?

It seems odd that nobody posted it yet (I must have missed it), but peoples (danvers) dropped their rate to 2.5%.

dbl118 said:   It seems odd that nobody posted it yet (I must have missed it), but peoples (danvers) dropped their rate to 2.5%.

I just noticed this on my statement today.. Anyone else thinking about switching to Consumers Credit Union or any other RCA?? Also, I never received a notice about this change??

For those using Verizon as a billpay vehicle, Verizon will be charging $2 per transaction starting Jan 15.
http://www.usatoday.com/money/companies/story/2011-12-29/verizon...

RedCobra said:   For those using Verizon as a billpay vehicle, Verizon will be charging $2 per transaction starting Jan 15.
http://www.usatoday.com/money/companies/story/2011-12-29/verizon...

Crap ...
When they were trying to introduce their $3.50 fee (also mentioned in the article) online bill payment had a message that read something like "Soon we'll begin charging a $3.50 fee for each payment" .. there's nothing like this right now.

RS4Rings said:   chislands18 said:   dbl118 said:   It seems odd that nobody posted it yet (I must have missed it), but peoples (danvers) dropped their rate to 2.5%.

I just noticed this on my statement today.. Anyone else thinking about switching to Consumers Credit Union or any other RCA?? Also, I never received a notice about this change??
Rate change was posted on Depositaccounts.com a month ago. And yea it is pretty bad they did not notify customers. But as long as they keep me into $100k max I have no plans on changing

Yeah, they're getting sneaky about that. Endura Financial went from 4% to 3% to 1.5% in a six months recently. I didn't receive a single note about it and only realized it when I checked my statement. They also had one of the more demanding requirements too (15 $10 debit card transactions and $2500 deposits a month). So I'm off to Nicolet.

ViewPoint Bank Absolute checking: down to 2% (still remains 25k).

First Community National Bank in Missouri dropped from 4.01%/$25K max to 4.01%/$10K max.

Should note you can do bill pays to yourself to qualify too, which is what I do since I don't have too many bills

n3rdcore said:   Since there are so many of these banks offering RCAs, I have to ask the question.... what is the point of the 12 debit transactions? What does a bank gain from these debit transactions that allows them to offer such a high interest rate on these accounts? I don't get it! Thanks. As with credit cards, the vendor pays the bank a fee for each transaction.

n3rdcore said:   Since there are so many of these banks offering RCAs, I have to ask the question.... what is the point of the 12 debit transactions? What does a bank gain from these debit transactions that allows them to offer such a high interest rate on these accounts? I don't get it! Thanks.

You have to be regularly banking with them to probably accomplish that task. Many people are just looking for high yield accounts they can leave their money in and not think about it.

how often does reward checking at Community Bank of Raymore compound? Do they have the feature that pull money and push money to other bank? Is this feature free?